20 Accounts or 1? Winning Prop Firm Strategy | Day Trading

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  • เผยแพร่เมื่อ 16 ธ.ค. 2024

ความคิดเห็น • 99

  • @jayhawkx
    @jayhawkx 3 หลายเดือนก่อน +1

    11:59 you are counting the drawdown on MFFU wrong on this trade. The only drawdown for MFFU in this scenario is anything BELOW initial entry because the drawdown isnt trailing like Apex. So if price rallies 100 pts higher then retraces 120 pts, the only drawdown for MFFU is 20 points

  • @tylerdean623
    @tylerdean623 10 วันที่ผ่านมา

    Can you please give a share a list of firms that do 20 or 10+ accounts? Would really appreciate it.

  • @sashalalaa
    @sashalalaa 6 หลายเดือนก่อน +1

    Forrest, 5:57 the monthly / lifetime fee on Apex which is a substantial amount for 20 accounts. So, in MFFU evaluation trailing stops when you accumulate the trail amount in profits? And in Apex the same applies only in the funded account. Correct me if I am wrong. Thank you.

  • @raheem7021r
    @raheem7021r 7 หลายเดือนก่อน +3

    correct me if im wrong but MFF lets You can have a total of 3 simulated funded accounts and 1 live funded account concurrently. so 4 accounts in total

  • @jayhawkx
    @jayhawkx 3 หลายเดือนก่อน +1

    5:59 you forgot the Activation Fee with Apex which brings raises cost substantially

    • @forrestforce
      @forrestforce  3 หลายเดือนก่อน

      @@jayhawkx true, but with payouts on 20 accounts it’s a slightly moot point

    • @jayhawkx
      @jayhawkx 3 หลายเดือนก่อน

      ⁠@@forrestforce the video pretty much highlighted how much more expensive Apex would be with 20 accts and the difficulty of actually reaching payout due to the Trailing DD so i just wanted people to see how much more they actually have to come out of pocket

    • @oxfordbambooshootify
      @oxfordbambooshootify 3 หลายเดือนก่อน

      ​@@forrestforcenah the cost per Sim funded 50k account is about $200 on Apex (eval + activation) so it's still way more expensive than both the MFFU starter or expert accounts

  • @LBYT1991
    @LBYT1991 7 หลายเดือนก่อน +4

    Where are the stats that show it is better to use EOD. I haven't seen the payouts from traders that would prove that to be true so far.

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +5

      By what logic would a trailing stop be better than an EOD? Plus unless you have cross form data the only real way to know is to run a community where you can see hundreds of people’s journeys across firms.
      It’s 100% possible to pass with a trailing, I’ve done it many times! The point remains that for newbies, it’s another layer of difficulty

    • @Dg_Daddio
      @Dg_Daddio 7 หลายเดือนก่อน +2

      @@forrestforcedefinitely more challenging. As with most things, higher risk for higher reward.
      I’m more concerned with APEX approving my first payout, I needed to be high frequency and scalpy in the beginning of PA to get past the trailing drawdown lol

    • @LBYT1991
      @LBYT1991 7 หลายเดือนก่อน

      @@forrestforce That is an easy one. A lot of gains are lost by not taking profit. Imagine a trade going up $1000 and then it comes back while a trader is waiting on that $2000 move and they end up breakeven or losing the account. If EOD accounts were truly better then the evaluation passage rates would show it and ultimately the payouts. The payouts for EOD prop firms are noticeably sparce if you just use their own discords as evidence.

    • @Horus1133
      @Horus1133 7 หลายเดือนก่อน +1

      @@LBYT1991 Lmfao what. Do you own a prop firm? The only people that rule is good for are the owners😆

    • @Kloutkulture
      @Kloutkulture 7 หลายเดือนก่อน

      What stats would you need to see and how would you have a way to control for variables? Like the availability of EOD accounts vs intraday and also the price difference?

  • @ononnosomoy805
    @ononnosomoy805 3 หลายเดือนก่อน

    How many accounts can you have with MFFU? And do you have any video of opening and operating with MFFU like copy trading? Thanks for your time 😊

  • @josemariabustos3306
    @josemariabustos3306 7 หลายเดือนก่อน +1

    Great imput but correct me if I´m wrong but they take into account the commissions so you would blow the account in boths cases.

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      +-10 points then lol

  • @theinternationalhouseofnai8788
    @theinternationalhouseofnai8788 4 หลายเดือนก่อน +1

    Yeah and then even if you pass apex you have to activate all 20 for 2000 or more and then if you blow it you blew the 1180 + 2000 =3,180 blown

  • @LAXLAKERS2010
    @LAXLAKERS2010 7 หลายเดือนก่อน +1

    Would you recommend the $100k expert account or $150k expert account for a beginner? And how many contracts would you recommend using

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +2

      The expert is better value overall BUT is is expensive. No matter what you get start with 1-2 NQ

  • @erick1076
    @erick1076 7 วันที่ผ่านมา

    The consistency rule matters a bunch. Saying it doesn’t matter is gonna have a whole bunch of people following your advice and trying to pass the eval in one day and that consistency role is gonna hit them to whether they’re gonna have to make more profit on top of what they’ve already made

    • @forrestforce
      @forrestforce  7 วันที่ผ่านมา

      @@erick1076 the consistency rule doesn’t matter when passing an eval and especially within the context presented in the video.
      You have to be blatantly obtuse to think I am saying anything else

    • @erick1076
      @erick1076 7 วันที่ผ่านมา

      @ i did toostep. Their consistency rule is %50 of total profit allowed meaning that in one trading day for the eval u can only make $1500 on the 50k acc. So because of that rule the pnly way to physically pass n one day is to get 1500 in ny session and then 1500 that night in asia or london. Which would count as two trade days but 1 24hr period

    • @forrestforce
      @forrestforce  7 วันที่ผ่านมา

      @@erick1076 Look at your comment, then go look at the companies referenced in my video, then go look at my original response.
      Again, intentionally obtuse.
      Good luck!

    • @erick1076
      @erick1076 7 วันที่ผ่านมา

      10:14 your telling people to take the long sizable trades to get their profite goal. But in the calculations u still failed to tell people that mff has a 40% consistency rule and that apex has a 30%. Meaning mff 150k 12k*0.4=4800 and apex 9k*0.3=2700, on mff you cannot make no more than $4800 per day on any 150k acc and apex is the same at $2700 with any number off accounts. This is where my original comment comes in stating the consistency rule does matter when you are in the eval phase because not following it can either cause u to have to achieve a higher profit target than what is set or fail trying to reach the new profit target no matter how many accounts u have. NOW once you pass the evaluation stage and get funded, than the consistency rule no longer applies.

    • @forrestforce
      @forrestforce  7 วันที่ผ่านมา

      @ BRO, MFF and and Apex don’t have consistency rules during evals. The only accounts with consistency rules for MFF is the starter/milestone account.
      Again, everything in my video is correct. For the love of god go to their websites and read before you tell me I did something wrong. I’m saving tbh is thread lmao yall are wild

  • @madimakes
    @madimakes 7 หลายเดือนก่อน +1

    thanks for this breakdown, and helping people think in terms of actual calculations and not guessing! seems like you were mixing mnq and nq in the diagram, so it was slightly confusing (i.e. mnq was the chart, but you were talkinga bout NQ)...rewound and i see i missed it..you just decided to take off with talking in terms of NQ. lol

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      Good catch! That’s my bad there. Luckily the charts are the same for the most party

  • @nouveauheightstv2133
    @nouveauheightstv2133 7 หลายเดือนก่อน +2

    Thank for the video bro. I have been watching your videos. You have been putting out some great information. I have a quick question bro. Realistically, how many contracts would I need to have access to inorder to make $12,800 a week on NQ?

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +2

      A week? Just 1-2 in a high VIX environment. Right now the days are muted so you would need to lever up.
      That being said, on average over time you only need 1-2 contracts to make that much

    • @nouveauheightstv2133
      @nouveauheightstv2133 7 หลายเดือนก่อน

      @@forrestforce nice. Thank you for your reply bro.

  • @rsavain
    @rsavain 3 หลายเดือนก่อน

    you don tuse Trailing Stops?

  • @geraldking4020
    @geraldking4020 7 หลายเดือนก่อน +1

    Can you have apex and mmf accounts. Linked together in a copy trader via ninja?

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +1

      Yep! I use replikanto

    • @IAMBLUSH
      @IAMBLUSH 6 หลายเดือนก่อน

      @@forrestforceHi, do you have a video on setting up the copy trader with MFF and Apex?

  • @DennATX
    @DennATX 7 หลายเดือนก่อน +1

    What was the other prop that lets you do 20 accounts?

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      Apex! Link is 👇

    • @DennATX
      @DennATX 7 หลายเดือนก่อน +1

      @@forrestforce you mentioned another prop that does 20 accounts, flexy?

  • @THECABSOURHERE
    @THECABSOURHERE 6 หลายเดือนก่อน

    So apex u can get 20 accounts of any size ? I always see people with 20 $50k accounts

  • @RyanXYZX
    @RyanXYZX 6 หลายเดือนก่อน

    You do know with 20 of the $50k APEX accounts, you can still trade 1 contract each which is similar to trading 20 contracts right? You also get $2500*20 = $50,0000 drawdown total across 20 accounts

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน +1

      As someone that trades 20 accounts every day, yes :)

  • @theautoman22
    @theautoman22 7 หลายเดือนก่อน +7

    Buyer beware I've heard from 2 traders now that MFF doesn't payout! Maybe small amounts but today even Matt with trades by Matt stated that he lost his account they stating he was trading during news, he proved he wasn't they eventually recanted but after running the account up over 50K in profits they told him he could only collect 25k (hidden rule?). He got his money refunded and I guess some payout but I'm not clear if he even got the whole 25K. Their Expert account is damn good, I guess too good to be true.

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +2

      They pay just fine

    • @Lee-fb3xz
      @Lee-fb3xz 3 หลายเดือนก่อน

      Where is your proof?? From my experience they are fantastic. So please provide proof before making accusations

    • @theautoman22
      @theautoman22 3 หลายเดือนก่อน

      @@Lee-fb3xz trades by Matt and two other talked about it and one even showed his stuff on a TH-cam video. So if you don’t want to believe fine but if you ever make more then 21k in an account and try to withdraw don’t be surprised if they deny you. The ceo has also had legal problems in the past that’s on record.

  • @BlackSheepTrading-wq9zy
    @BlackSheepTrading-wq9zy 7 หลายเดือนก่อน +1

    Just a little correction, It should be MMFU, since this is how they call themselves and there is already a firm called MFF

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +1

      You are correct!

  • @shannonpeacock3509
    @shannonpeacock3509 7 หลายเดือนก่อน +3

    Great perspective 🙏🏼

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      Thanks! I appreciate the support

  • @blizzsevergreen4720
    @blizzsevergreen4720 7 หลายเดือนก่อน +1

    Does MFF. Pays traders in Nigeria??

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      No idea I would just ask in the discord

    • @blizzsevergreen4720
      @blizzsevergreen4720 7 หลายเดือนก่อน

      @@forrestforce thank you. I wasted my money on Apex and passed, then I realized they do not service my country. I wasted my money, time and hope.

  • @davey566
    @davey566 7 หลายเดือนก่อน

    Great to see more firms offering 20 accounts.

  • @gabubot
    @gabubot 7 หลายเดือนก่อน +1

    Thx Forrest, always appreciated

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      You are welcome 🙏🏾

  • @Shamroca317
    @Shamroca317 7 หลายเดือนก่อน

    Can you trade MFF on ninga trader?

  • @BillNye-ob3xb
    @BillNye-ob3xb 5 หลายเดือนก่อน +1

    Precision funding is the best prop firm in the industry

    • @forrestforce
      @forrestforce  5 หลายเดือนก่อน

      Never heard of them! I’ll take a peak

    • @joetrades11
      @joetrades11 5 หลายเดือนก่อน

      I have 10 evals with them right now

  • @ronaldtata73
    @ronaldtata73 4 หลายเดือนก่อน

    I was literally about to do this

  • @tartpop8275
    @tartpop8275 7 หลายเดือนก่อน +1

    What day was that 400 point is wild

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      That’s what happens when the VIX pops!

  • @jw1958speaker
    @jw1958speaker 7 หลายเดือนก่อน +1

    Excellent presentation

  • @MelekShelomohTrading
    @MelekShelomohTrading 6 หลายเดือนก่อน +1

    I've blown quite a few Apex 150K accounts..... the reason is greed and lack of discipline. Working on those negative traits... took your advice and went with the 300k Apex. Thanks for the advice.

  • @davidfennick1720
    @davidfennick1720 7 หลายเดือนก่อน

    Let's say you start with 1 ATF account with a $3,000 draw down. Then, you scale up to 3 identical ATF accounts. Do you then have a dd of $3,000 on each of those 3 accounts, or do you now have effectively a $1,000 dd on each of your 3 accounts? If this is true, then 20 accounts would leave you with only a $150. dd on each. I used to be on your discord but could never ascertain this.

    • @Dg_Daddio
      @Dg_Daddio 7 หลายเดือนก่อน +1

      Drawdown is separate to each account. Having and using 20 accounts is basically like scaling your account, both with the profit target and drawdown

    • @Mac_59
      @Mac_59 7 หลายเดือนก่อน

      There’s no daily drawdown on apex

  • @kblehero
    @kblehero 7 หลายเดือนก่อน

    Do Topstep, Apex and MFF pros vs Cons

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +1

      I’ll add it to the list!

  • @kidpoker007
    @kidpoker007 7 หลายเดือนก่อน +1

    Becuae with multiple accts you actually can spread the risk

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +1

      You aren't spreading out risk if you trade every account the same, your expectancy is entirely the same.
      You are simple multiplying it

    • @kidpoker007
      @kidpoker007 7 หลายเดือนก่อน

      @@forrestforce I can make 2000 a day risking $200 per PA but if I want to make 2000 in a single account I have to risk a lot more

  • @don_an2ny909
    @don_an2ny909 6 หลายเดือนก่อน +1

    good explanation bro. but at 180 points u would have passed the apex.

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      depends on leverage

  • @kidpoker007
    @kidpoker007 7 หลายเดือนก่อน

    Are you on the Apex payout list?

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +1

      Yep!

    • @kidpoker007
      @kidpoker007 7 หลายเดือนก่อน

      @@forrestforce congratulations

  • @xfoxuk
    @xfoxuk 6 หลายเดือนก่อน +1

    23 minute video that could be explained in 3 minutes

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      10 word comment that increases my engagement!

    • @darrellthetrader6312
      @darrellthetrader6312 6 หลายเดือนก่อน +2

      He likes to talk but there are a lot of nuggets of beneficial information in his rants. Keep talking so much, my man.

  • @trung__dog9535
    @trung__dog9535 5 หลายเดือนก่อน

    MFF says you can have 3 accounts

  • @THECABSOURHERE
    @THECABSOURHERE 6 หลายเดือนก่อน

    Flexy?? Prop firm

  • @fredrick7811
    @fredrick7811 7 หลายเดือนก่อน

    'promosm'